1114 E 3rd ST # 2, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $280,255. To generate strong buyer interest while maximizing value, I'd price this between $336,000 and $338,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78702. At 0.03 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. The active market in 78702 includes 3 comparable homes priced from $325,000 to $360,000. The trend in 78702 shows prices have fallen 4.3% in the past 6 months. 800 Embassy DR # 233, Austin TX 78702 nearby adjusts to $335,735; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group